Estee Lauder’s stock has historically outperformed
competitors. With 13% earnings growth expected for the next 12 months, better
than its competitors, Bidness Etc rates Estée a buy.
Estee Lauder Companies, Inc. (EL) has never looked better.
Even though its topline grew only 5% in fiscal year 2013 (FY13) – it was a slow
year in the US market, worsened by challenges in markets abroad – Lauder
managed to grow its bottomline by a much wider 16%. With earnings expected to
rise another 13% in FY14 (year started July 1, 2013), Bidness Etc thinks the
stock looks appealing at current valuations. Here’s a look at why. Read more.
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